In the first wave, Israel went into a strict lockdown. It was nothing like the curfew that we see in China, but still, businesses were closed and people’s movements were heavily restricted. In the second wave, the lockdown was not…
“US Bonds Flag Recession Risk,” says today’s headline on Bloomberg.com. “Futures Put S&P 500 on Course to Enter Bear Market,” reads today’s headline of The Wall Street Journal. Other newspapers, too, devote their business sections to the worsening economic outlook, and…